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20121201
20121231
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CSPAN 2
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CSPAN
Dec 18, 2012 8:00pm EST
in a very densely populated region of new york city, long island, and the southern portions of new york state. and so i think it's a stark reminder, a very real example, a very painful outcome that speaks to the need of investing, investing in our infrastructure. and so as we go forward there's also an opportunity to improve upon what existed at the time of these storms. for instance, in the energy networks, utility networks, we can do state of the art. we have taught other nations how to build those systems. it's time to do nation building at home. and i think the beauty here is that while we invest in transportation and other infrastructure, energy infrastructure and water systems and treatment centers and treatment systems and public schools, what we're doing is rippling into the benefits of efficiency, of public safety, of employment and economic development. that is a positive series of dynamics that then lifts the economy and provides for work. 90% of the jobs, it's projected, that come from this sort of infrastructure investment are speaking to middle income households. jobs that
CSPAN
Dec 21, 2012 1:00am EST
. in the central northern part of your state and in and around the city and southeastern connecticut. many studies have shown that after housing, transportation is the second-largest drop on a family's paycheck. in terms of the availability and affordability of transportation, it is absolutely elemental to the economic health of the area. as you pointed out, we are talking about more than 10% of the nation's g.d.p. in that area. >> what would you think? i know you have helped do damage assessments. i know you have visited with us and others in the region in terms of reviewing the damage personally. do you think the transit system could possibly be rebuilt and protected with less than 1/3 of the budget? >> no. in fact, we took note of one of the amendments that would cut the request by more than 70%, specifically in a transit emergency relief. that amount would not even cover the recovery estimates that we currently have, much less get to any of the necessary mitigation investments requested under the president. >> that amount would not even cover the recovery? >> just the restoration and recovery
Search Results 0 to 1 of about 2